NOT LISTED FOR SALE

180 E Pearson St Unit 6006 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,523,850 - $1,925,000

3 Beds
3 Baths
2,800 Sq Ft
$2,102/mo HOA Fee

Last Sold April 08, 2024

Last sale price $1,550,000 $554 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,563/month

22 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Double Oven
  • Fitness Center
  • Wine Refrigerator
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of April 2024

Enjoy all the benefits of a full remodel without any of the headaches and wait times with this gorgeous, fully renovated, modern high-floor, corner home at Water Tower Residences; with endless west, south, city and lake views. No detail was overlooked throughout this complete gut rehab with design-forward, modern finishes including wood slab ceiling detail in the kitchen with integrated lighting, solid-core panel detailed doors, designer lighting, fully customized closets, automated lighting and blinds and a versatile sliding solid wood door/feature wall which opens into the office/third bedroom! Plus, an amazing amount of storage throughout the unit including a 10' x 8' storage room. Beyond all of the high-end details, what also sets this home apart is the resort-like living it affords through access to the Ritz Carlton Hotel amenities including room service and concierge; plus the Carlton Club Spa, fitness center, indoor pool and lounge. Inside, light streams through expansive walls of floor-to-ceiling windows with incredible panoramic views. The open concept, generously sized living/dining spaces are tied together with wide-plank hardwood floors and neutral walls. Get ready to fall in love with this showstopper kitchen, pulled straight from the pages of a magazine! This totally open space features a massive quartz island with seating for 5, 2 sinks, top-of-the-line appliances including Thermador double oven, Thermador induction cooktop, SubZero refrigerator/freezer, SubZero wine refrigerator with cooling drawer storage below, and sleek metal tile backsplash. The gorgeous rooms just keep coming as you head into the primary suite, complete with a wall of custom closets and built-ins, expansive wall of windows with lake and city views, organized walk-in closet and luxurious spa-like ensuite primary bath with oversized soaking tub, walk-in shower, separate water closet and floor-to-ceiling tiles. The additional bedroom/office are very good sized flexible spaces, and the third bedroom's full wall of built-ins are the perfect added touch. Don't miss the laundry/mudroom with plentiful additional storage and a convenient extra sink! All of that in an incredible location in the heart of it all: close to the lake and Oak Street Beach, parks, all of the shopping and restaurants along Michigan Ave and Oak St, Northwestern Hospital and so much more! Valet or self-parking options available to residents and their guests.

Last Agent to Sell the Property

Julie Busby

Compass License #475153702 Listed on: 02/07/2024

Compass

Last Buyer's Agent

Kyle Harvey

Baird & Warner License #475173321

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,939

Year Built

  • Built in 1975 | Remodeled in 2015

Lot Details

  • 1.77

HOA Fees

  • $2,102 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Leased Parking
  • Heated Garage

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 2,800 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

  • Zoned Heating and Cooling System
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, doorman, tv/cable, exterior maintenance, scavenger, snow removal
  • 260 Units
  • High-Rise Condominium
  • Property managed by FS Residential
  • 74-Story Property

Amenities

  • Doorman
  • Coin Laundry
  • Service Elevator
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,939

Year Built

Built in 1975 | Remodeled in 2015

Lot Details

0

HOA Fees

$2,102 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 60
  • Rehab Year: 2015
  • Rebuilt Year: 2015
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 74
  • Year Renovated: 2015

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Other
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 2800
  • Room Type: Foyer, Walk In Closet, Storage
  • Stories Total: 74
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Square Footage Comments: Square footage is an estimate and not to be deemed reliable
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 1700000
  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 530
  • Lowest Parking Fee: 375

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Radiant, Zoned
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 2102
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, Health Club, On Site Manager/Engineer, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FS Residential
  • Management Contact Name: NA
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden Elementary
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 450
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 29938.85
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 21, 2024
Sold by
Oi S Eng-Crandus Trust and Eng-Crandus Oi S
Bought by
Broadhurst Kennon and Broadhurst Vanessa
Seller's Agent
Julie Busby
Compass
Buyer's Agent
Kyle Harvey
Baird & Warner
List Price
$1,700,000
Sold Price
$1,550,000
Premium/Discount to List
-$150,000
-8.82%
Views
24
Current Estimated Value
$1,700,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,463
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Sep 12, 2018
Sold by
Crandus Shlomo Y and Eng Crandus Oi S
Bought by
Eng Crandus Oi S and Oi S Eng Crandus Trust

Purchase Details

Listed on
Oct 2, 2012
Closed on
Jul 10, 2013
Sold by
Pinski James B and Pinski Dolores
Bought by
Crandus Shlomo Y and Eng Crandus Oi S
Seller's Agent
Linda Marcus
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jennifer Ames
Engel & Voelkers Chicago
List Price
$1,499,000
Sold Price
$1,047,500
Premium/Discount to List
-$451,500
-30.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Pinski James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
5.82%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Broadhurst Kennon $1,550,000 None Listed On Document
Eng Crandus Oi S -- Attorney
Crandus Shlomo Y $1,047,500 None Available
Pinski James B -- Residential Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crandus Shlomo Y $600,000
Previous Owner Pinski James B $985,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2024 04/08/24 Sold $1,550,000 -8.8% $554 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $1,700,000 +62.3% $607 / Sq Ft
07/18/2013 07/18/13 Sold $1,047,500 -12.6% $380 / Sq Ft View Prior Sale
06/07/2013 06/07/13 Pending -- -- --
04/09/2013 04/09/13 Price Changed $1,199,000 -20.0% $435 / Sq Ft
10/02/2012 10/02/12 For Sale $1,499,000 -- $544 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $30,734 $133,091 $9,171 $123,920
2023 $29,939 $148,980 $7,434 $141,546
2022 $29,939 $148,980 $7,434 $141,546
2021 $29,289 $148,979 $7,433 $141,546
2020 $26,237 $120,877 $5,168 $115,709
2019 $25,665 $131,171 $5,168 $126,003
2018 $25,232 $131,171 $5,168 $126,003
2017 $22,572 $108,229 $4,134 $104,095
2016 $21,177 $108,229 $4,134 $104,095
2015 $19,352 $108,229 $4,134 $104,095
2014 $16,978 $94,075 $3,322 $90,753
2013 $18,083 $99,423 $3,322 $96,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11970590

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1188